India, July 1 -- An ease in tensions linked to the US-Iran conflict has begun reflecting in India's fuel market, with prices of commercial LPG, aviation turbine fuel (ATF), and Nayara Energy's petrol and diesel seeing significant reductions on Wednesday.

The price cuts come after signs of progress in diplomatic engagement between the United States and Iran. American negotiators Jared Kushner and Steve Witkoff reportedly held positive discussions in Qatar, while a senior Trump administration official said technical talks with Iran were moving forward, Bloomberg reported.

The easing comes after months of volatility that had pushed up energy costs globally.

Private fuel retailer Nayara Energy has reduced petrol prices by Rs.5 per litre an...